|
Following the Brunswick North project acquisition, Puma conducted a one-day reconnaissance-trenching program to search for the source of the boulders. Four trenches were excavated in the area of the initial boulder discovery, and disseminated to semi-massive banded sulphides were uncovered in trench TB14-01 over a length of 7 meters. In another trench named TB14-04, a disseminated to massive sulphide horizon was uncovered over a length of 15 meters.
These two new discoveries are located 150 meters apart, and the massive sulphide mineralization is mainly composed of banded massive pyrite and arsenopyrite with an anomalous zinc content that appears to be related to the contact between mafic volcanic rocks and the deep-water clastic sediments of the Boucher Brook Formation.
Approximately 50 meters away from the sulphide rich horizon in trench TB14-04, a 3-meter zone of quartz breccia containing pyrite and arsenopyrite was also discovered. Puma collected three breccia samples that assayed 2.7 g/t Au, 1.7 g/t Au and 0.85 g/t Au, respectively.
Except for prospecting, no previous exploration work was conducted on the project and the nearest historical drill hole is located approximately 2.5 km from the initial boulder discovery zone. Brunswick North's initial exploration program will consist of compiling previous work to define additional trenching and diamond drilling targets. Currently, a follow up prospecting and trenching program is underway to increase the size of the discovery zone. The results of this program will be used to formulate a comprehensive late-2014 and early-2015 exploration program.
Brunswick North Project
The Brunswick North project comprises 30 claims totaling 650 hectares located 16 km south of Nicholas-Denys Project and 6 km north of the world class Brunswick #12 Mine site now owned by Glencore Canada Corporation. Puma's Brunswick North Project claim group is adjacent to the north of the Brunswick #12 mining lease.
Option Agreement
The option agreement covers the Brunswick North Project (Claim Block 6777) located in Northern New-Brunswick. All the claims are in good standing until April 2015. Puma is obligated to keep the claims in good standing and will do so by filing assessment work associated with current and future exploration.
Puma will acquire a 100% interest in the Brunswick North claims by:
- performing $20,000 of exploration following the signing of the agreement and issue 50,000 shares,
- performing $25,000 of exploration and issue 50,000 shares on or before the 1st anniversary,
- performing $25,000 of exploration and issue 50,000 shares on or before the 2nd anniversary,
- performing $50,000 of exploration and issue 50,000 shares on or before the 3rd anniversary,
Following the completion of a positive PEA, an annual pre-royalty payment of $50,000 will be made to the vendor. A net smelter return (NSR) of 2.5% for all minerals remains with the claims owner and Puma keeps the right to purchase half of the NSR or 1.25% for $1,000,000 and the second half of the NSR or the remaining 1.25% for $1,000,000. In connection with this acquisition, the Company has issued 25,000 shares as intermediary fees.
To view the presentation about Brunswick North New Acquisition, please visit the following link: http://media3.marketwire.com/docs/BrunswickNorthNEWS.pdf
About Brunswick #12 Mine
During its 50 year mine life the Brunswick #12 mine produced 134 million tonnes of ore grading 7.82% zinc, 3.05% lead, 0.45% copper, 91.5 g/t silver and 0.67 g/t Au until its closure in 2013. The Brunswick #12 orebody is classified as a World Class Volcanogenic Massive Sulphide ("VMS") deposit type that was formed by volcanic processes on the sea floor. These deposits tend to be multi-metallic with good base metal grades and of significant size.
About Puma Exploration
Puma Exploration is a Canadian mineral exploration company with advanced precious and base metals projects in Canada. The Company's major assets are the Nicholas-Denys Project and Turgeon Copper Project in New Brunswick and the Little Stull Lake Gold Project in Manitoba. Puma is now more focused on its exploration projects in New Brunswick, Canada.
Learn more by clicking here: www.pumaexploration.com
The contents of this press release were prepared by Dominique Gagn� a Qualified Person as defined in NI 43-101. There is not enough drilling data presently available to determine the shape and true width of the mineralized zone. Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Forward-Looking Statements: This press release may contain forward-looking statements. Such forward-looking statements involve a number of known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of Puma Exploration Inc. to be materially different from actual future results and achievements expressed or implied by such forward-looking statements. Readers are cautioned not to place undue reliance on these forward-looking statements which speak only as of the date the statements were made, except as required by law. Puma Exploration undertakes no obligation to publicly update or revise any forward-looking statements. These risks and uncertainties are described in the quarterly and annual reports and in the documents submitted to the securities administration.
to modify your message preferences or to unsubscribe from any future mailings. We will respect all unsubscribe requests.
.
Données et statistiques pour les pays mentionnés : Canada | Tous Cours de l'or et de l'argent pour les pays mentionnés : Canada | Tous
|
Puma Exploration Inc.
|
|
EXPLORATEUR |
CODE : PUM.V |
ISIN : CA74588S1039 |
|
| |
ProfilIndicateurs de MarchéVALEUR : Projets & res.Communiqués de PresseRapport annuelRISQUE : Profile actifsContactez la cie |
Puma Exploration est une société d’exploration minière de zinc et de plomb basée au Canada. Puma Exploration détient divers projets d'exploration au Canada. Ses principaux projets en exploration sont LITTLE STULL LAKE, TURGEON et NICHOLAS-DENYS au Canada. Puma Exploration est cotée au Canada. Sa capitalisation boursière aujourd'hui est 15,7 millions CA$ (12,6 millions US$, 10,3 millions €). La valeur de son action a atteint son plus haut niveau récent le 07 décembre 2007 à 0,59 CA$, et son plus bas niveau récent le 22 janvier 2016 à 0,03 CA$. Puma Exploration possède 184 380 000 actions en circulation. |
Dans les médias de Puma Exploration Inc. |
Financements de Puma Exploration Inc. |
Attributions d'options de Puma Exploration Inc. |
Projets de Puma Exploration Inc. |
06/04/2015 | (Turgeon)Completes Successful Drilling Program at Turgeon Cu-Zn VMS P... |
28/01/2014 | (Turgeon)resumes drilling at Turgeon Copper-Zinc Project |
17/12/2013 | (Turgeon)samples 6.5% Copper at Turgeon Cu-Zn Project in New Brunswic... |
22/10/2013 | (Nicholas-denys)Confirms Significant Copper-Molybdenum System at Nicholas-De... |
09/09/2013 | Names Dominique Gagne as VP of Exploration |
09/09/2013 | names Dominique Gagn=E9 as VP of exploration |
15/08/2013 | (Little Stull Lake)purchases 100% interest of Little Stull Lake Gold Project, M... |
12/08/2013 | (Nicholas-denys)reached a depth of 1,290 meters with its hole FND13-02 and b... |
13/03/2013 | (Nicholas-denys)Drills 0.41% Copper (CuEq(i)) over 60.5 meters at Nicholas-D... |
13/03/2013 | (Nicholas-denys)Drills 0.41% Copper Equivalent (CuEq(i)) over 60.5 meters in... |
21/02/2013 | (Turgeon)samples 0.64% Copper Equivalent** (CuEq) over 300.9 meters i... |
12/12/2012 | Henry East Lens confirmed at depth with 376 g/t Ag, 1.4 g/t ... |
18/10/2012 | (Nicholas-denys)Starts Drilling Program at Nicholas-Denys Project, New Bruns... |
17/10/2012 | (Nicholas-denys)Extends the Skarn Horizon Over More Than 10 km at Nicholas-D... |
29/08/2012 | (Nicholas-denys)samples 2,590 g/t Ag, 16 g/t Au at New Discovery Lens at Nic... |
05/07/2012 | (Nicholas-denys)drills 6.4 meters of 446 g/t Ag, 1.5 g/t Au, and 5.8% Zn at ... |
10/04/2012 | (Nicholas-denys)begins drilling at Nicholas-Denys |
06/02/2012 | SAMPLES 5 G/T GOLD, 267 G/T AG, 5.3% LEAD AND 1.1% ZINC OVER... |
18/01/2012 | Drills 24.6 Meters of 100 g/t Silver, 1.4% Lead and 1.3% Zin... |
12/01/2012 | 239 G/T SILVER AND 1.9% LEAD OVER 6.3 METERS AT SURFACE AT D... |
08/12/2011 | PUM.V - Discovery of Dante Lens Samples up to 1020 g/t Ag |
08/12/2011 | (Nicholas-denys)Dante Lens, a new discovery on a second E-W Main Fault Zone ... |
30/11/2011 | (Nicholas-denys)discovers three additional NW-SE high grade structures with ... |
30/11/2011 | PUM.V - Discovery of Three Additional NW-SE High Grade Struc... |
20/09/2011 | (Nicholas-denys)21.1 g/t Au over the extension of the Cullinan veins at Nich... |
23/08/2011 | (Nicholas-denys)1=2C330 g/t Ag=2C 17.4 g/t Au=2C 6.3% Pb and 2.3% Zn at Nich... |
27/06/2011 | (Nicholas-denys)purchases more land at Nicholas-Denys Silver Project, New Br... |
19/05/2011 | (Nicholas-denys)3.1 KM LONG FIRST PRIORITY TARGET TO BE TESTED AT NICHOLAS-D... |
17/03/2011 | (Turgeon)Drilled 1.2% Cu Over 75.5 Meters at Turgeon Copper Project i... |
09/02/2011 | (Turgeon)10.1% Cu and 54 g/t Ag over 7.5 meters at Turgeon Copper Pro... |
15/06/2010 | (Turgeon)Increases its strategic holdings |
08/06/2010 | (Turgeon)Target of 7-10 million tonnes of 1.0%-1.5% Cuat Turgeon |
21/04/2010 | (Turgeon)Copper recovery of 95% |
16/02/2010 | (Nicholas-denys)Drilling confirms a silver-rich section at Nicolas-Denys |
28/01/2010 | (Nicholas-denys)508 g/t Ag and 3 g/t Au at Nicholas-Denys |
17/12/2009 | (Turgeon)Metallurgical testing for Turgeon and drilling at Nicholas-D... |
03/12/2009 | (Nicholas-denys)Resumes Drilling at Nicolas-Denys |
18/11/2009 | (Turgeon)targets the high-grade copper zone at Turgeon |
20/10/2009 | (Turgeon)intersects 1% Cu over 97 metres on its Turgeon, New Brunswic... |
02/09/2009 | (Turgeon)Drilling starts at Turgeon in New Brunswick |
07/07/2009 | (Little Stull Lake)Holds 71.6% of the Little Stull Lake Gold Project, Manitoba |
10/02/2009 | (Nicholas-denys)Purchase of three lots over the former Shaft Mine at the Nic... |
26/11/2008 | (Nicholas-denys)108 g/t Ag, 7.0% Zn, and 7.4% Pb over 3.4 metres on the Shaf... |
20/08/2008 | (Nicholas-denys)Surface drilling intersects high grades at Shaft lens with 1... |
10/07/2008 | (Nicholas-denys)New mineralized lens discovered at Nicholas-Denys |
13/05/2008 | (Turgeon)Puma options its Ste-Marguerite Gold Property |
14/04/2008 | (Nicholas-denys)Strategic acquisition of the Turgeon Deposit for the Nichola... |
08/04/2008 | (Nicholas-denys)113 g/t Ag, 3.3% Zn, 3.8% Pb, and 0.27 g/t Au over 11 metres... |
27/03/2008 | (Nicholas-denys)17,000 metres of drilling under way at Nicholas-Denys |
27/02/2008 | 1 million ounces of silver in the Haché Lens (NI 43-101 comp... |
29/01/2008 | (Nicholas-denys)540 g/t Ag, 1.0 g/t Au, 3.3% Zn, and 2.7% Pb over 5.1 metres... |
17/01/2008 | (Nicholas-denys)Three drills on Nicholas-Denys, New Brunswick |
30/10/2007 | (Nicholas-denys)596 g/t Ag, 4.3% Zn, 3.3% Pb, and 1.6 g/t Au over 7.6 metres... |
22/10/2007 | (Nicholas-denys)Surface sample on Nicholas-Denys property shows 1.7 kg/t Ag,... |
26/09/2007 | (Little Stull Lake)6.1 g/t Au over 4 metres on the Little Stull Lake gold depos... |
25/07/2007 | (Nicholas-denys)Prefeasibility study for Nicholas-Denys, New Brunswick |
18/07/2007 | (Nicholas-denys)1.5 kg Ag, 7.4 g/t Au, 10.1% Zn, and 7.3% Pb over 3.4 metres... |
10/07/2007 | (Nicholas-denys)First metallurgical test for Nicholas-Denys |
19/06/2007 | (Little Stull Lake)Drilling begins on the Little Stull Lake gold deposit, Manit... |
02/05/2007 | (Nicholas-denys)Update on drill results from Nicholas-Denys |
|
Communiqués de Presse de Puma Exploration Inc. |
19/01/2016 | Puma Acquires the Red Brook Project in Northern New Brunswic... |
29/12/2015 | Puma Exploration Announces the Closing of Private Placement ... |
14/10/2015 | Puma Begins Fall Exploration Program at Turgeon Cu-Zn VMS pr... |
23/09/2015 | Puma Exploration Welcomes Dale Ginn as a Director |
06/04/2015 | Puma Completes Successful Drilling Program at Turgeon Cu-Zn ... |
11/03/2015 | Puma Resumes Drilling at Turgeon Copper-Zinc Project in New ... |
25/02/2015 | Puma Intersects 10.1% Zn Over 2.7m Within a New VMS System |
19/02/2015 | Begins Trading on the Santiago Stock Exchange in Chile |
23/12/2014 | Puma Exploration Closes Private Placement for $867,200 |
17/12/2014 | Puma Has Hired Rihanna As Its Creative Director |
08/12/2014 | Puma Intersects Multiple Zones of Massive Sulphide Mineraliz... |
20/11/2014 | Puma Exploration Samples 2.0% Cu Over 6 Meters at Turgeon So... |
12/11/2014 | Puma Receives Junior Mining Award in New Brunswick |
05/11/2014 | Puma Starts Drilling at Turgeon Copper-Zinc Project in New B... |
21/10/2014 | Puma Expands Brunswick North Project and Appoints Technical ... |
16/10/2014 | Puma Acquires the Brunswick North VMS Project 6 km North of ... |
30/09/2014 | Puma Samples 3% Cu at Turgeon Cu-Zn Project in New Brunswick |
18/09/2014 | Puma Exploration: Cullinan Silver/Gold/Zinc Zone at Nicholas... |
02/09/2014 | Results From the Annual Meeting of Shareholders |
27/08/2014 | Puma Exploration Closes Private Placement for $562,250 |
12/08/2014 | Puma Acquires Three New Porphyry Systems in Northern New Bru... |
29/07/2014 | Puma Increases its Strategic Land Holding at Little Stull La... |
26/06/2014 | Puma Reports Progress on 2014 Summer Exploration Programs in... |
21/05/2014 | IIROC Trading Resumption - PUM |
21/05/2014 | Puma Discovers 0.41% CuEq(i) Over 200 Meters Within 486 Mete... |
21/05/2014 | IIROC Trading Halt - PUM |
29/04/2014 | Puma Discovers a New VMS System at Turgeon Copper-Zinc Proje... |
23/12/2013 | closes private placements for $1,462,860 |
30/10/2013 | Discovers High Grade on the Rocky Brook Corridor with Sample... |
12/08/2013 | Reached a Depth of 1,290 Meters With its Hole FND13-02 and B... |
08/07/2013 | Reached a Depth of 1,215 Meters With its Hole FND13-01 and B... |
29/05/2013 | (Nicholas-denys)Targets World Class Porphyry System at Nicholas-Denys Projec... |
21/02/2013 | Samples 0.64% Copper Equivalent(ii) (CuEq) Over 300.9 Meters |
31/10/2012 | More Gold Found Along the Main Fault |
23/10/2012 | Allocation of Stock Options |
29/08/2012 | (Nicholas-denys)discovers a new high grade lens at Nicholas-Denys Silver Pro... |
13/07/2012 | Closes Private Placements for $1,988,830 |
05/07/2012 | (Nicholas-denys)Drills 6.4 Meters of 446 g/t Ag, 1.5 g/t Au, and 5.8% Zn at ... |
29/06/2012 | Closes $1,238,830 Financings |
29/06/2012 | closes private placements for $988,830 |
05/06/2012 | Announces Non-Brokered Private Placements |
02/03/2012 | (Little Stull Lake)Recalculates Drill Results for New Open Pit Model at Little ... |
21/12/2011 | (Nicholas-denys)Two additional mineralized lenses discovered at Nicholas-Den... |
19/05/2011 | (Nicholas-denys)3.1 km Long First Priority Target to Be Tested at Nicholas-D... |
12/05/2011 | to Optimize Market Exposure and Deepen its Financial Network |
07/04/2011 | (Nicholas-denys)Silver and Gold intersected in the first six holes drilled i... |
11/03/2011 | Welcomes Richard Thibault as a Board Member |
04/08/2009 | 1.72% Copper over a 56.5-metre thickness at Turgeon, New Bru... |
27/07/2009 | 2.4% Copper over a 31-metre thickness at Turgeon, New Brunsw... |
23/06/2009 | Modification to stock option plan |
13/08/2008 | More holes intersect the new lens between the Shaft and Hach... |
12/06/2008 | Mineralization between Shaft and Hach=E9 lenses continuous a... |
14/05/2008 | Haché lens 50 metres longer, with 339 g/t Ag, 2.2% Zn, 3.8% ... |
27/11/2007 | ANNOUNCES A $6 MILLION FINANCING |
15/11/2007 | Conclusive metallurgical test on the Haché lens, New Brunswi... |
07/11/2007 | TR: 1.5 kg/t Ag, 3.5% Zn, 9.8% Pb, and 3.6 g/t Au over 3.5 m... |
16/10/2007 | EXPLORATION PUMA COMPLETES $350,000 INVESTMENT |
19/09/2007 | 93 metres of molybdenum for NB Moly in New Brunswick |
04/09/2007 | 230 g/t Ag, 1.3 g/t Au, 3.6% Zn, and 2.8% Pb over 10.0 metre... |
26/06/2007 | 30-metre mineralized zone at Shaft |
24/05/2007 | begins drilling on molybdenum property in New Brunswick |
14/03/2007 | TR: 331 g/t, 244 g/t, and 461 g/t of silver up to six metres... |
Publication de commentaires terminée |
|
|